You probably know that what some of these names refer to FBI, CIA, NSA, IRA, social security number. Uganda also has its own famous names that should be recognisable to all of us UPF, KCCA, URA, NSSF. But just for the sake of those who do not know some of the Ugandan famous abbreviations. Today we are talking about NSSF.
The NSSF (which is the National Social Security Fund in full) is the institution that is responsible for collecting, saving, and investing a part of the worker’s salary so that this worker can use that money later in life after they have retired from regular employment. (Starting at the age of 55 years). This contribution is collected from the private employers on behalf of their employees.
Do you save with NSSF?
Comments
Post a Comment